Vijayawada, April 10 -- The Andhra Pradesh Cabinet, chaired by Chief Minister N Chandrababu Naidu, granted project approval to Credence Realty and extension of incentives under the IT Campus Developer category under AP IT & GCC Policy (4.0) 2024-29 for setting up an IT Park in Visakhapatnam. The project, to be established with an investment of Rs 386.88 crore and a potential to generate 6,500 jobs, has been recommended by SIPB.
As per the recommendation of SIPB, the Cabinet has approved the allotment of 0.4 acres of land to Sri Tech Data Limited for the establishment of a cable landing station to be constructed at an investment of Rs 1,800 crore in Visakhapatnam.
The Cabinet has approved an allotment of 105 acres of land to NPSPL Specialt...